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BNEF: energy storage is a $1.2-trillion investment opportunity to 2040

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The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). The global energy storage market will grow to a cumulative 942GW/2,857GWh by 2040, attracting $1.2

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Bloom Energy announces hydrogen-powered energy servers to make always-on renewable electricity a reality

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Bloom Energy, a developer of solid oxide fuel cell power generators, announced the ability of its Energy Servers to operate on renewable hydrogen. Current Bloom Energy Servers generate electricity using natural gas or biogas as fuel.

Renewable 305
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AREVA and Schneider Electric sign a strategic partnership agreement on grid energy storage using hydrogen fuel cells

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AREVA and Schneider Electric have signed a strategic partnership agreement to develop energy management and storage solutions based on hydrogen fuel cell technology. AREVA will provide the Greenergy Box , an energy storage solution made with an electrolyzer and fuel cell. This technology has been operational since 2011.

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Kinetic Traction Systems launches with trackside flywheel energy storage technology for rail

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(KTSi) is launching with proprietary flywheel technology to absorb energy and generate power in rail traction and energy recycling applications. Kinetic Traction was formed earlier this year in the wake of the collapse of advanced flywheel energy storage company Pentadyne. Click to enlarge.

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Nissan office in France to house largest grid-integrated EV system yet

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Nissan’s new regional office in France will house the largest grid-integrated electric vehicle (EV) system and second-life battery storage unit yet installed in a building, anywhere. The new energy management system will also decrease the amount of contracted power consumed from the local electricity supplier.

France 150
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EU investing €1.8B in 17 large-scale clean tech projects

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Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables. A third project will capture the CO?

Clean 334
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AllCell and Matra Debut Solar Energy Storage Battery Swap and Charging System at Paris Motor Show

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Solar Flow-R system distributes solar energy to light electric vehicle batteries and utility consumers. The Paris Motor Show saw the debut of a solar energy storage system to support light electric vehicle battery swaps and charging. France-based Matra offers a line of electric bikes, scooters and quads. Click to enlarge.